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To extract the last name from a list of names using the TEXTAFTER function in Excel, start with the formula: =TEXTAFTER(select the cell containing the name, " ", -1). Here, the first argument is the text cell, and the second argument is the space delimiter that separates the first, middle, and last names. The instance number should be set to -1 to select the last name. After entering the formula, you can copy it into the cells below to apply it to other names.